The committee's main concern is certainly Russia's recent moves to seize governmental control of private enterprises' assets.
What is the main concern of the committee?Russia is frequently viewed as a corrupt state. Russian presidents are well-known for being multi-billionaires who were previously communists, which sounds bizarre.
When Russian officials want a private firm, they simply take it away from its legal owner, and when the legal owners complain, they are frequently imprisoned and beaten to death. This may appear ludicrous, yet it has occurred on several occasions, most notably in 2003 with Russia's largest private firm, Yukos. Its owner, whose surname is Jodorkovski, was imprisoned for around ten years, and its CFO was beaten to death in a Siberian jail.
The following firms have severed connections with Russia:
Netflix has paused its service in the nation and has put all future initiatives on hold. Sony announced the suspension of its activities in Russia. The Walt Disney Company has halted movie releases in Russia. Disney has likewise halted all of its activities in the nation.
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in a cloud computing arrangement, if the customer has a contractual right to take possession of the software without significant penalty and the customer could run the software on its own, the costs are treated as multiple choice question. purchased intangibles. self-constructed assets. software development costs. goodwill.
Cloud computing arrangements are ones in which a customer does not have possession of the underlying software. Rather, the customer accesses and uses the software on an as-needed basis.
Computing is any aim-orientated hobby requiring, making the most of, or creating computing machinery. It includes the take a look at and experimenting with algorithmic methods and the development of both hardware and software programs. Computing has scientific, engineering, mathematical, technological, and social elements. Principal computing disciplines encompass computer engineering, computer technological know-how, cybersecurity, statistics technology, statistics structures, statistics generation, and software program engineering. The time period "computing" is also synonymous with counting and calculating. In earlier instances, it turned into utilized in reference to the action accomplished by means of mechanical computing machines, and before that, to human computers.
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which technology began as an informal communication channel but has since evolved into a primary and formal means of business correspondence for many organizations?
The technology that started out as an informal communication channel but has grown to become the primary and formal means of business correspondence for many organizations is email.
Communication is the process of conveying meaning from one entity or group to another through the use of signs, symbols, and semiotic rules that are understood together. From this explanation, it can be understood that the notion of communication is an activity of delivering information, be it messages, ideas, and ideas, from one party to another which is carried out directly or indirectly.
This communication activity can be done in two ways, namely:
Directly, namely verbally / verbally, making it easier for both parties to understand each other.Indirectly, namely through certain media, such as body language, writing, telephone, radio, and so on.Learn more about Communication here brainly.com/question/22558440
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t is covered by two health insurance plans: a group plan through his employer and his spouse's plan as a dependent. under the model group coordination of benefits provision, when t files a claim, his employers plan is considered the
Primary carrier in accordance with the Model Group Coordination of Benefits provision.
How are primary and secondary carriers different?
Secondary Component Carriers (SCC) are auxiliary carriers that can be activated or deactivated at any time to boost data rates, whereas the Primary Component Carrier (PCC) is the primary carrier and is only updated during the handover and cell selection.
What exactly is a second carrier?
A plan that, in accordance with the aforementioned "Order of Benefit Determination" provisions, has secondary responsibility for the provision of benefits and may reduce its benefit payments after the primary carrier's benefits are first determined.
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nesmith corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 15 years to maturity, and a 13% ytm. what is the bond's price? round your answer to the nearest cent.
$1,197.01 is the bond's price.
What is outstanding bonds?"Outstanding Bonds" refers to any previously issued bonds that are still regarded as outstanding under the Indenture as of the first interest and/or principal payment date following the current Fiscal Year.
Enter the ticker symbol for the company or, if the common stock is not traded in the US, the country code, select CORP, and then click GO to find information on all of the company's outstanding corporate bonds. A list of all the company's outstanding bonds will be included in this.
Thus, $1,197.01 is the bond's price.
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In the ________ activity of scm, supply chain managers create a responsive and flexible network for receiving defective, returned, or excess products back from their customers, as well as for supporting customers who have problems with delivered products.
In the return activity of SCM, supply chain managers create a responsive and flexible network for receiving defective, returned, or excess products back from their customers, as well as for supporting customers who have problems with delivered products.
The term procurement method refers to a long-term plan to construct strategic relationships with aggressive providers to accumulate the essential goods and services of the satisfactory excellent in a particular value range and feature them delivered on time.
A backward vertical integration strategy entails a company transferring again, or upstream, along the fee chain and coming into a dealer's enterprise. a few companies use this strategy whilst executives are concerned that a supplier has an excessive amount of power over their corporations.
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Why is it often best to pay off credit card debt before other types of consumer debt or student loans?.
The interest rates on credit cards are typically greater than those on most other types of loans. In order to avoid interest from accruing, it is preferable to prioritize paying off credit card debt.
Is a credit card better to have than student loans?Take into account the interest rates on your credit card and school loans while determining the answer. If you carry a load on your card from month to month, McClary advises paying that off first as credit card debt is typically the debt with the highest interest rate that you are paying by nature.In order to prevent interest costs that are added to the balance month after month, it is often advisable to pay up your credit card balance before the due date. Only charge what you can afford to pay off each month is a crucial rule of thumb.Reasons to pay off debt Over time, you can lower the interest payment. If you have credit card debt with a high interest rate, this is especially beneficial. You might see an increase in your credit score. You may give your whole attention to saving and other financial goals once your debt is paid off.To Learn more About credit cards refer to:
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6. tech university has more than 10,000 students enrolling in courses each term. the management would like to develop a balanced scorecard to assess performance. assume students are the customers. (11.5) a) provide two financial measures tech university can use on its balanced scorecard. b) provide two internal business process measures tech university can use on its balanced scorecard.
Financial metrics (a) Return on Assets (ROA): To calculate the ROA, the institution divides the annualized investment in assets by the income received from student fees. Under the balance card strategy.
to deliver the precise performance that was anticipated at the time of strategy selection and to give each one of them a focus for its objectives and appropriate measures. A financial ratio known as return on assets (ROA) measures a company's profitability in relation to its total assets.
ROA can be used by corporate management, analysts, and investors to assess how effectively a company uses its resources to make a profit. Management, analysts, and investors can use ROA to assess how effectively a company uses its resources to make a profit.
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assume a marginal propensity to consume of 0.75. which of the following fiscal policies could correct the economic situation above? decreasing taxes by $60 billion increasing taxes by $80 billion increasing spending by $60 billion decreasing spending by $80 billion increasing spending by $240 billion
Based on the economic situation presented, the fiscal policy that would correct the situation is increasing spending by $60 billion.
What fiscal policy should the government use?Aggregate demand is $400 billion when the long term average should be $640 billion so this is a recession.
The difference in the aggregate demand is:
= 640 - 400
= $240 billion
This means that the government needs to spend an amount that will lead to an increase in aggregate demand of $240 billion.
This amount can be found by the multiplier:
= 1 / (1 - marginal propensity to consume)
= 1 / ( 1 - 0.75)
= 4
The amount is:
= Recession gap / Multiplier
= 240 / 4
= $60 billion
Government should increase spending by $60 billion.
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the degree of customer contact measures the amount of time the customer is in the service delivery system. none of these choices are correct. the amount of time the customer is separated from the service delivery system. the customization abilities of the service system.
The degree of customer contact measures the amount of time the customer is B. The amount of time the customer is in the service delivery system while the service is being produced.
Fantastic clients are Advocates. High-quality customers, after they surely are becoming exceptional price out of your product, become extra than just glad. They do greater than just references. They provide you with extra than just excessive consumer pleasure marks.
Clients want your services or products to be characteristic of the manner they want with the intention to resolve their problem or preference. Clients have precise budgets with which they can purchase a service or product. Your services or products desire to be a convenient strategy to the characteristic your customers are looking to meet.
These are variables that include the event, the benefit sought, consumer status, consumer charge, loyalty rate, readiness stage, and purchasers' attitude. They include loyalty, value, frequency of purchase, quantity of purchase, time of year, time concerned in buying decision, and where a customer purchases the product.
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the lowest monthly commission that a salesman earned was only 1/4 more than 1/3 as high as the highest commission he earned. the highest and lowest commissions when added together equal $1020. what was the lowest commission?
The lowest commission is $189.
What is commission?Commission refers to the remuneration which is in variable form included in the goods and services which is sold, it is a kind of motivation provided to the sales person as a reward.
According to the question, the Commission that a salesman earned is 1/5 more than ¼ as high as the highest commission earned. The computation of the commission is as follows:-
Let x be the highest commission
1.2 (1/4x) + x = $819
1.3x = $819
x = $630
Total commission - highest commission = lowest commission
819 – 630 = $189 is the lowest commission
Therefore, it can be concluded that The lowest commission is $189.
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any group of people who, as individuals or as organizations, have needs for products in a product class and who have the ability, willingness, and authority to buy such products is a(n)
Any group of people who, as individuals or as organizations, have the need for products in a product class and have the willingness, authority, and ability to purchase such products is referred to as a market.
In marketing, a market is an aggregate of consumers and organizations that are interested in products, have the resources to buy products, and are permitted by regulations to acquire products. The term market encapsulates the total population and progressively narrows down based on certain criteria.
The market for products is not necessarily fixed. For example, the market for the products can be increased by a decrease in the product price and making changes in legislation that result in fewer restrictions on the purchasing of products.
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________ occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
Vendor-managed inventory occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
While speaking approximately the companies and companies using vendor-managed inventory systems, a famous name that constantly pops up is Walmart.
The brand has a VMI machine in location so their providers or vendors are held responsible and responsible for looking after their stock at Walmart's specific warehouse.
Vendor-managed inventory or VMI is assisting corporations at every step inside the delivery chain to streamline their tactics and enhance economic performance. VMI entails close strategic relationships among vendors and their clients by setting the seller in fee of the purchaser's inventory.
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VMI (vendor managed inventory )occurs when the supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment.
Stock or inventory refers to the goods and materials that a enterprise holds for the remaining aim of resale, manufacturing or utilisation. inventory control is a subject often about specifying the form and placement of stocked goods.
Inventory refers to all of the objects, items, merchandise, and substances held via a business for promoting in the marketplace to earn a profit. example: If a newspaper supplier makes use of a automobile to supply newspapers to the customers, best the newspaper might be taken into consideration inventory.
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kansas enterprises purchased equipment for $75,000 on january 1, 2021. the equipment is expected to have a five-year service life, with a residual value of $8,700 at the end of five years. using the straight-line method, depreciation expense for 2022 and the book value at december 31, 2022, would be:
Annual depreciation= $13,260
Book value= $48,480
Purchase price= $75,000
Useful life= 5 years
Salvage value= $8,700
calculate the depreciation expense,
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (75,000 - 8,700) / 5
Annual depreciation= $13,260
the book value:
Book value= purchase price - accumulated depreciation
Book value= 75,000 - (13,260*2)
Book value= $48,480
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has an insurance policy that cannot be cancelled unless he fails to pay his premium when due. which provision in his insurance policy would specify this?
A non-forfeiture option is a clause in some life insurance policies that says the policyholder will not lose the policy's value if they don't pay their premiums within a certain time frame.
In an insurance policy, what exactly is a non-forfeiture option?An insurance policy's nonforfeiture clause says that an insured person can get full or partial benefits or a partial refund of premiums if they don't pay their bills. Nonforfeiture clauses may be included in policies for long-term care insurance, long-term disability insurance, and permanent life insurance.
Which three kinds of nonforfeiture options are there?Policyowners can use or pay out the cash values in these ways. There are three options for nonforfeiture:
the payment of cashinsurance with lower premiumslong-term insurance. When the policy is surrendered, the policyowner has the option of requesting a cash payment equal to the cash values.Learn more about Nonforfeiture clauses here:
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when a parent acquires a controlling, but less-than-100% interest in a subsidiary, the basic elements for establishing an acquisition-date subsidiary value include multiple select question. the fair value of the noncontrolling interest. the fair value of the controlling interest. the subsidiary's carrying value of the noncontrolling interest. only the consideration transferred by the parent.
the fair value of the noncontrolling interest. the fair value of the controlling interest.
In finance and economics, a hobby is a charge from a borrower or deposit-taking financial group to a lender or depositor of an amount above compensation of the essential sum (this is, the quantity borrowed), at a particular charge. It is wonderful from a price that the borrower may additionally pay the lender or a few third birthday parties. It is also distinct from dividend which is paid by means of an organization to its shareholders (proprietors) from its income or reserve, but not at a specific charge decided beforehand, rather on a seasoned-rata foundation as a percentage within the praise won via risk-taking marketers when the sales earned exceeds the whole costs. For example, a consumer could commonly pay interest to borrow from a bank, so that they pay the bank a quantity that is greater than the amount they borrowed; or a client may earn interest on their financial savings, and so they may withdraw greater than they firstly deposited.
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what is the flushing time in relationship to an estuary? multiple choice question. the average time needed for the estuary to achieve a balanced water budget the time it takes for the estuary to empty during a low spring tide the time it takes for the estuary to exchange its water
The turnover time of fresh water in an estuary, or the amount of time needed to replace the fresh water already present in the estuary with freshwater intake, is commonly understood to be the flushing time of an estuary.
The amount of freshwater an estuary contains in relation to the overall pace of freshwater intake is what determines how long it takes for it to flush. As freshwater inflow rises, flushing time lowers. Calculations of the estuary's volume, volume-weighted average salinity, and salinity beyond the seaward boundary can be used to determine the flushing time.
The freshwater replacement approach is what it is known as. By injecting a conservative tracer, such dye, into the freshwater inflow at a constant concentration until the mass or average concentration of tracer in the estuary at a specific tide stage achieves equilibrium, flushing time can also be calculated. Concentrations will roughly drop exponentially as tracer is flushed from the estuary after tracer input is stopped.
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______ is relatively rare in the real world, although this market model is highly ______ to several industries.
Pure competition is relatively rare in the real world, although this market model is highly relevant to several industries. A marketing scenario where many companies sell the same product and cannot differentiate themselves from one another; as a result, no firm has a substantial impact on price.
The ease with which new businesses can enter the market and great market knowledge are further existing factors. Agricultural items like corn, wheat, and soybeans are some of the best examples of markets that are just competitive. The presence of numerous suppliers and the lack of significant entry barriers make monopolistic companies similar to pure competition.
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g which of the following is not true for a conventional fixed rate mortgage? group of answer choices a. it is fully amortizing. b. by half way through the term of the loan, the principal portion of the monthly payment is greater than the interest portion. c. interest payments early on are much greater than the principal payments. d. monthly payments are fixed.
An interest rate on a "fixed-rate" mortgage is one that won't alter during the course of your mortgage. A mortgage is referred to as "conventional" (conforming) if it complies with established standards for the loan's size and your financial status.
Explain about the conventional fixed rate mortgage?
If you don't have much debt and have a good credit score, a conventional loan is a wonderful choice. By paying 20% of the loan amount up advance, you can eliminate PMI and minimize your monthly mortgage payments. Conventional loans are available with a down payment as low as 3% if you are unable to make a sizable upfront payment.
In an uncertain world, having a conventional loan with a fixed rate gives you peace of mind. Regardless of what the market does in the future or what the present interest rates increase to, you will always know exactly how much your interest rate and subsequent payment will be.
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a new truck cost $50,000 with a residual value of $4,000 has an estimated useful life of five years. using the declining-balance method at twice the straight-line rate, the depreciation expense in year 2 is:
Depreciation using the declining-balance method is $10698.496.
It is given that the cost of the truck is $50000 and the residual value is $4000. Also, the useful life is five years.
Depreciation through straight-line method = (Net book value - Residual value) ÷ estimated useful life
= ($50000-$4000) ÷ 5
= $46000 ÷5
= $9200
Depreciation rate through straight-line method = (Depreciation expense ÷ Net book value ) ×100
= (9200÷50000)×100
= 18.4%
It is given that the rate of the declining balance method is twice of straight-line rate, thus, it is 2×18.4%
= 36.8%
Depreciation expense through declining balance = (Net book value - Residual value) × Depreciation Rate
Thus, for first year it is = ($50000-$4000) ×36.8%
=$46000 × 36.8 %
= $16928
For 2nd year, the amount will be on which depreciation is charged =
($50000-$16928)-$4000
=$29072
Thus, depreciation expense for 2nd year = $29072×36.8%
= $10698.496
Depreciation using the declining-balance method is $10698.496.
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velma and bud divorced. velma's attorney fee of $5,000 is allocated as follows: general representation in obtaining the divorce $1,500 services in obtaining custody of the child 900 services in settlement of martial property 600 determining the tax consequences of: dependency deduction for child 700 tax consequences of property settlement 1,300 of the $5,000 velma pays to her attorney in 2022, the amount she may deduct as an itemized deduction is:
The amount she may deduct as an itemized deduction is: $0
Calculation: -
General representation in obtaining the divorce $1,500 (Not eligible for itemized deduction) $0
Services in obtaining custody of the child 900 (Not eligible for itemized deduction) $0
Services in settlement of martial property 600 (Not eligible for itemized deduction) $0
Dependency deduction for child 700: $0
Tax Consequences of property settlement 1,300 (Legal fees that relate to tax advice are no longer deductible). $0
Amount she may deduct as an itemized deduction is: $0
Itemized deduct are particular kinds of costs the taxpayer incurred which can lessen taxable profits. Types of itemized deductions encompass loan interest, country or neighborhood profits taxes, assets taxes, clinical or dental costs in extra of AGI limits, or charitable donations.
Itemized deductions encompass quantities you paid for country and neighborhood profits or income taxes, actual property taxes, non-public assets taxes, loan interest, and catastrophe losses. You can also encompass items to charity and a part of the quantity you paid for clinical and dental costs.
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suppose demand for a product is 100 units a day and a factory produces seven days a week. which production schedule would be in line with the tps philosophy toward pace?
Total Production Streamlining is referred to as TPS. The number of transactions that an information system completes in a second is measured in terms of transactions per second (TPS) by computer hardware and software.
Who employs TPS?
Total Production Streamlining is referred to as TPS.Transaction Processing Systems: Who Uses Them? The majority of users of the transaction processing system are casual users. Nevertheless, the TPS may also require access to data from authorized personnel.A Kanban system is commonly referred to as a pull system since consumer demand pulls output through the workplace.A lean pull system tries to establish a workflow in which work is only pulled in response to demand. A pull method is used to create items based on actual demand rather than forecasts. Your business can then concentrate on removing wasteful practices from the production process.To learn more about TPS refer to:
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ust paid a dividend of $3.52per share. dividends are expected to grow at 4% per year. if the discount rate is 7%, what is the stock worth today?(4points)
Typically derived from the company's net profits, a dividend is a payment provided to shareholders in exchange for their equity investment in the company. Currently, the U.S. stock market has a total market value of $46,460,463.2 million (September 30th, 2022).
Explain about the dividend?
A stock dividend is a dividend payment that is delivered to shareholders in shares as opposed to cash. The benefit of the stock dividend is that it rewards shareholders without dipping into the company's cash reserves.
Cash dividends, stock dividends, property dividends, and liquidation dividends are the four different forms of dividends. The cash dividend is distributed in a straightforward manner in the form of cash. The payment of the dividend boosts the shareholders' faith in the company's financial performance.
They are compensated from the company's earnings and profits. Dividends can be categorized as qualified or ordinary. Ordinary dividends are taxed as ordinary income, but qualified dividends that satisfy specific criteria are subject to capital gains tax at a lower rate.
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Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the ________ activity of scm.
Greater performance is determined by how effectively all processes and personnel transfer goods and services along the supply chain to the market.
Supply chain management (SCM) – what is it?
The process of getting a product from a raw material to a consumer is called supply chain management. Supply management, product and demand planning, sales and operations planning, and supply planning are all included.
The importance of supply chain management
Strategic supply chain management initiatives can have a positive ripple effect across the entire organization. Customer satisfaction and return on investment (ROI) are the two key areas where supply chain operations and procedures can influence business outcomes.
Higher performance results from satisfied clients.
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a company mails consumers cards telling them they have won valuable prizes. when a consumer attempts to collect her prize, she discovers that she must pay $500 to collect the goods. in this case the ftc is likely to
In this case the FTC is likely to seek a consent decree to end the practice.
What does the FTC do and what does it stand for?The Federal Trade Commission (FTC) is a federal regulatory body in the United States tasked with keeping an eye on and stopping unfair, misleading, or anticompetitive business practices. It is a separate government organization whose main duties are the promotion of consumer protection and the enforcement of civil (non-criminal) antitrust law.
Federal consumer protection laws are thus enforced by the FTC to stop fraud, deceit, and unfair commercial practices. The Commission also upholds federal antitrust rules, which forbid anticompetitive mergers and other commercial activities that can result in higher costs, fewer options, or less innovation.
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jason's company has always emphasized that every employee is an important part of the company's success and does not highlight individual achievements. by emphasizing the group, jason's company will most likely
Every employee is a crucial component of Jason's company's success, and the organization does not emphasize individual accomplishments. By placing a strong emphasis on the group, Jason's business will probably deter staff from switching jobs.
How can you stop workers from quitting?Give your staff arduous tasks to do.
Show them that you care.
Provide a lot of commentary.
What is the most typical explanation for employees quitting a company?Lack of recognition, unclear direction, and a negative corporate culture are at the top of the list. Genuine relationships between managers and their staff are essential for high employee retention rates. They achieve this by regularly soliciting employee feedback and by upholding the principles of transparency and trust.
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xyz company sold merchandise for $5,000, with payment terms of 2/10,n/30. if the customer pays within the discount period and takes the discount, xyz will receive . multiple choice question. $3,500 $4,900 $5,000 $100
If the customer pays within the discount period and takes the discount, xyz will receive $4,900.
The customer can take a 2% discount and pay 4900 (=5000 - (2% x 5000)) xyz company sold merchandise for $5,000, with payment terms of 2/10,n/30. if the customer pays within the discount period and takes the discount, xyz will receive $4,900. The payment term is mentioned accordingly customer will receive discount.
The discount period which is allotted is matter a lot while receiving the discount because it was allotted for that period only.
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3. it takes the same amount of inventory to operate a single warehouse system as a four warehouse distribution network. true of false? explain your answer.
Operating a single warehouse system requires the same amount of inventory as a four-warehouse distribution network is false.
What is inventory?Raw materials used in production as well as finished products that are offered for sale are both included in the definition of inventory. Inventory is one of a company's most crucial assets because it is one of the main sources of income production and, as a result, a source of profits for the company's shareholders. There are three different categories i.e., finished commodities, work-in-progress, and raw materials constitute inventory. It appears as a current asset on the balance sheet of a business.
Inventory is a crucial asset for any business. It is described as the assortment of raw materials or completed products that a company maintains throughout the normal course of operations.
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How are payroll taxes different from personal income taxes? question 4 options: tax consumption rather than wealth increase the purchasing power of consumers rather than decreasing it reduce the demand for harmful goods rather than increasing this demand pay for specific social programs rather than general government activities
D. pay for specific social programs rather than general government activities shows the difference between payroll taxes and personal income tax.
What distinguishes payroll taxes from personal income taxes?
Who pays which and what the taxes fund are the primary distinctions between income and payroll taxes. Employers and employees both contribute to the funding of Social Security, Medicare, and other social insurance programmes through payroll taxes. Employees pay local income taxes to support public services including defence, education, and transportation.
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Identify three (3) services offered by the post office for sending mail and fully outline a situation in which you would recommend the use of each. (6marks)
Pls help
Mail collection, processing, transmission, and delivery are the Post Office's main duties. The term "mail" refers to all postal items, including letters, postcards, inland letter cards, packets, ordinary, registered, insured, value-payable, and speed post articles, whose contents are in the nature of messages.
What are the services offered by post office for sending mail?Mail collection, processing, transmission, and delivery are the Post Office's main duties. The term "mail" refers to all postal items, including letters, postcards, inland letter cards, packets, ordinary, registered, insured, value-payable, and speed post articles, whose contents are in the nature of messages.
First class and second class mail are additional categories for mail. Within India, first-class mail is given free air delivery, whilst second-class mail only receives airlift if paid for with an air premium.
The letter is sorted by delivery barcode sorter to a specific carrier that will deliver it. Additionally, the barcode sorter sorts the letters sent to that carrier in the order of delivery. After then, a truck transports all of this carrier's mail to the Postal Service station.
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Netflix offered its subscribers a selection of over one hundred thousand dvd-by-mail titles, while other video rental firms can only offer as much as three thousand. This presents a significant _____ for netflix over its rivals.
This presents a significant scale advantage for Netflix over its rivals.
Economies of increase a company's capacity to fulfill large orders while decreasing manufacturing and buying costs.
Scale economies are cost savings experienced by businesses as their output increases. Cost cutting gives businesses more opportunities to decrease their pricing model in order to increase sales. This is the main advantage of economies of scale.
A scalable company is able to increase production to increase supply while also benefiting from economies of scale. Scalability has become increasingly crucial in recent years as new tech has made it simpler to procure more customers and expand into new markets around the world.
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